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20121212
20121212
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English 63
Search Results 0 to 49 of about 63 (some duplicates have been removed)
MSNBC
Dec 12, 2012 1:00pm PST
that means? we're one day closer to the dreaded fiscal cliff and washington is freezing over. >>> the fiscal cliff is coming to town. >> he says he's an optimist. >> i remain optimistic. >> i remain the most optimistic person in this town. >> but he doesn't sound optimistic. >> i'm pretty confident republicans would not hold middle class taxes hostage. >> we've got differences. >> taxes are going up one way or the other. >> the president and i had a deliberate talk. >> the key is to make sure the taxes go up on the high end individuals like you and me, barbara. we can afford it. >> they're going to have to cave in on this rate increase on the rich. >> we're going to stay here right up until christmas eve. >> the time is running short. >> merry cliffmas. ♪ >>> bundle up, everybody. because it is cold out there. and with just 12 days to hanging our stockings by the chimney and 20 days until the dreaded fiscal cliff, there's a distinct chill in the air. after the exchange of new offers, the president phones john boehner last night for one what aide described as a tense call. t
PBS
Dec 12, 2012 1:00am PST
gersh, nbr, washington. >> susie: the fiscal cliff was certainly one topic on the agenda of the federal reserve today as policymakers kicked off their two-day meeting. tomorrow, the world will be waiting to see whether the central bank will do more to prop up the u.s. economy. the big question is whether the fed will stick with its so- called "operation twist" bond- buying program, or will it announce something new? erika miller takes a closer look at what's expected. >> reporter: the fed may announce a new twist in its bond buying plans, but that doesn't necessarily mean the stock market will shout. at it's final meeting of the year, the central bank is not expected to simply extend its operation twist program. that's the nickname for the fed's strategy of buying long- term treasuries and, at the same time, selling an equal amount of shorter-dated bonds. that's important because it keeps the bank's balance sheet the same size. now, the fed may be ready to do a new stimulus dance. >> under twist, they've been purchasing $45 billion longer term treasuries while at the same time selling $
CBS
Dec 12, 2012 4:00am PST
fiscal cliff now, leaders in washington have less than three weeks to reach a budget deal or else face automatic spending cuts and tax increases that are likely to send the country back into a recession. the agreement has been slow. president obama and congressional republicans remain split on raising taxes on upper middle-class americans. susan mcginnis is in washington with the latest now. susan, good morning to you. >> hi. good morning, terrell. both sides are talking publicly about what they want. the gop pushing back against that. but privately negotiations do continue. in an exclusive interview airing on abc's "20/20" this friday night, president obama says he's optimistic a deal will be reached, and he's confident the gop won't hold the middle-class taxes hostage to protect higher income americans. >> taxes are going to go up one way or the other, and think the key is to make sure the taxes go up on higher individuals like you and me, barbara. we can afford it. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest
CBS
Dec 12, 2012 12:00pm PST
. >> harsh words from a california republicans as the "fiscal cliff" face-off continues in washington. >> a bay area couple plays see contract santa at walmart handing out cash and gifts to total strangers. >> hi, i'm meteorologist lawrence karnow in the cbs 5 weather center. had the showers beginning to wind down but we are getting ready for a bitter cold night. we'll talk about that coming up. ,,,,,,,,,,,,,,,, world trade center in new yk is well on its way to completion. this morning crs began lifting the first of 8 >>> after years of delays, the new site of the one world trade center in new york is on the way to completion. this morning crews began lifting the first of 18 pieces of the spire to the top of the building. it could take three months before they finish. when it's done, it will be the tallest building in the western hemisphere. >> beautiful. >> yes. >>> today's once in a lifetime date, it's nearly -- well, it is, it's 12:12:12 on 12/12/12. the date spawns mass weddings and superstition. >> just being born on this date is lucky enough but how about entering the world exactly a
Current
Dec 12, 2012 2:00pm PST
what has been striking about the fiscal cliff debate in washington is it is still on the turf of the right-wing, the deficit cutters what we really need is a debate about how we create investments -- the incentives for job growth. we still have the lowest level of wages to gdp since the great depression. unless we have a jobs program, energy efficiencies investments in improving our electrical grid, unless we put people to work in this country, we are not ever going to close the deficit. i would say let's raise those income taxes on the highest earners, but couple it with a jobs program. >> jennifer: which is what he has tried to do by insisting on a $50 million surplus for infrastructure. fiscal cliff discussions are obviously continuing, and the white house has lowered the amount of new revenue it is seeking from $1.6 trillion to $1.4 trillion. i want to have you listen to a sound bite from speaker boehner. >> listen, we have been reasonable and responsible in our approach to this, and we're going to continue to do that. it's time for the president to do his part. >> jennifer: i do
CSPAN
Dec 12, 2012 7:00am EST
fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax deduction. almost the same amount said it would be willing to give up their deduction for state taxes. 19% said they would be willing to give up host: we would like to hear what deduction you would give up. you can weigh in on our facebook page, there's a poll set up where you can tell us specifically which interests you the most, or perhaps which one you dislike the least. tom is from sioux fa
FOX Business
Dec 12, 2012 6:00pm EST
fiscal cliff talks raising billions of dollars in november compared to the previous month. it is up, believe it or not, $1.1 trillion coming year-over-year. will this put pressure on the white house and congress to put big spending cuts on the table? let's ask scott garrett of new jersey and vice-chairman of the budget committee. $1.1 trillion deficit for 2012 budget. that is just not there. >> it is not good. i understand that you're going to have a marriage counselor? [laughter] so i assume the answer is that one of the issues that lead to a breakup is right overspending. that's what we have here. tracy: we are dying to know why we can't get this figured out. >> well, just as in marriage, to solve the problem on spending some you have to sit around a the kitchen table and get open the checkbook. i guess that is the exact same thing that needs to be going on here in washington. speaker boehner has been trying to do that. the money is just flowing out, we will continue to talk about the legislature and the president has not come to the kitchen table with a real plan. tracy: the craz
MSNBC
Dec 11, 2012 11:00pm PST
the fiscal cliff or will it give the right a chance to bring the house down. with me is ron reagan and dana milbank of the "washington post." before we talk about the gop split, we should republicans in the white house have exchanged horses. that's the thought i have. i may be conservative about this. >> yeah, i think you're right, they'd like to, but i'm not sure they can get it done before christmas, maybe before the end of the year. i think, again, as we get down to the last few hours, i think then you will see a real push to get something done. as dana implied, everybody knows in a sense what this agreement in broad strokes is going to look like. we're going to have tax increases on the upper 2% and we're not going to have a tax increase on the middle class. and there's going to be some spending cuts. but that's, you know, that's about all we know. >> let's take a look at this fight that seems to be emerging on the right. it's not surprising. to some extent it may be represented on the left, but i don't think so. republicans fall into two camps. on fiscal reform and the question of the cliff. the realists we'll call t
FOX Business
Dec 12, 2012 1:00pm EST
. melissa: 19 days to go until the fiscal cliff congressional republican leader vowing to stay in washington until a deal gets done. lori: we will get john carney's take on all of this right ahead. here are some losers and winners on the s&p 500. ♪ can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you knowwe've been op all ght. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connection
CSPAN
Dec 12, 2012 6:00am EST
fiscal cliff. i think here everyone knows what that relates to. that is really more the system. it is not the disease. but washington typically does, it focuses on some things rather than the disease. we need to avoid the fiscal cliff. we need to recognize reality. there is only so much that can be done the balance of this year. we need to do a credible down payment and build a bridge to a grand bargain which would involve more fundamental reforms that have to be achieved. but it controls. -- budget controls. we had but the controls until 2002. we had been out of control ever since. we have had democratic spending policies of republican tax policies which leads to large escalating debt. we are going to have to reform the social insurance programs. we have to reduce defense programs and other spending and the gate in a comprehensive tax reform. that takes time. it will have to of all -- involve extraordinary presidential leadership, which we have not had in a while. hopefully we will get that. it will involve some type of citizen engagement. the good news is i recently took a 27 state national fiscal responsibility bus tour ro
ABC
Dec 11, 2012 5:30pm PST
. >>> and, by the way, on that question of the fiscal cliff, i had an extraordinary conversation today in washington, as well. with a group of people who are making history. it has taken 224 years, but for the first time, a record 20 women will be serving in the united states senate. and today, many of them gathered with me and some of them said women do lead in a different way. and women would have already brokered that deal on the fiscal cliff. >> i think, if we were in charge of the senate, and of the administration, that we would have a budget deal by now. >> reporter: do you all believe that? >> yes, without a doubt. >> yes. >> and what i find, with all due deference to our male colleagues, that women's style tend to be more collaborative. >> i think by nature we are less confrontational and more collaborative. and having us in the room and, i think, you know, all of us, not only do we want to work in a bipartisan way, we do it. >> i want you to know that soon, you'll see the whole interview with the powerhouse women of the senate. they are here to take action. and you have to see what they're goin
CNBC
Dec 12, 2012 3:00pm EST
fargo advisors. >>> now to the other news in washington today. just 19 days until the fiscal cliff deadline, and it still doesn't appear like we are making much progress. aemon javers with the latest. >> reporter: not making much progress. dualing press conferences, one group brought out a group of adoring children and the other group brought out santa claus. not a lot of action. jamie dimon was on our air earlier today on cnbc and says the economy is poised to take off if we get a deal here. take a listen. >> the table is set very well right now. corporations, middle market companies, small business in good shape. 5 million more people than working than four years ago, housing has turned the corner. let's just keep it going. >> reporter: bill, when is that economy going to take off? house republican aides talking about the possibility of actually being in session on christmas day? that's not a likelihood, but the fact that they are even talking about it gives you a sense that we're not anywhere close to a deal just now, bill. >> all right. thank you very much. heading towards the
CNN
Dec 12, 2012 11:00am PST
rates to spur the economy. >>> now back to the fiscal cliff. 20 days, count them with me, 20 days out from higher taxes and punishing government spending cuts if there is no deal in washington to craft a softer landing. with me now from los angeles, economist, author, ben stein. ben stein, good to see you, sir. you know, look, despite all we're hearing and seeing out of washington, we can at least discern some movement on this issue of taxes. let me just take you back, house speaker john boehner, his first position was no new taxes. president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i don't know exactly where they're headed but we're headed for higher taxes. the palmy days for the rich when the taxes got lower and lower and lower in the bush adm
CNBC
Dec 12, 2012 6:00am EST
results. >>> speaking of the fiscal cliff, walmart ceo mike duke says the fiscal cliff debate is having an impact on consumers. speaking to the council on foreign relations last night, duke said what's going on in washington is affecting his customers' holiday shopping plans. >> the week before the election, only 1/4, 25% of our core customers even knew what fiscal cliff meant. one week after the election, it was up to 75%. now these same customers, 15% of our customers are telling us this discussion about fiscal cliff will affect what they spend on christmas. >> walmart shares trading near a 52-week high. i was at the event last night. there were -- >> you were? >> uh-huh. >> what was it? >> the council on foreign relations. >> really? >> i'm a member. >> yeah. you're kidding me. >> no. >> that's why you're our international correspondent probably. >> yeah. >> you got the chops. you got the -- >> yeah. there were 100 protesters outside last night. and i asked every single one udo you work at walmart. not one worked at walmart. i was just -- >> who were they? >> a lot -- looked like college students. >> yeah. >> approve eshl protesters. >> they said they had solidarity. i said if walmart people were so upset
KICU
Dec 11, 2012 11:30pm PST
. investors responded to positive reports from washington, d.c. on the fiscal cliff. the solar panel installation company solar city postponed it's plans to go public late today. the san mateo company had planned to offer its initial offerings tomorrow on the nasdaq. no reason was given for the postponement but it came after the owner bought $15 million woát of -- $15 million worth of shares possibly to try to boost values. >>> delta used to have three daily nighs now -- daily nights now it has nine. >>> more than 46,000 people signed the petition calling for the school system to scrap the logo. even lieutenant governor newsom agreed. as part of the board of regents i agree with petition, new logo is a disaster. sign the petition. >>> a bit of holiday cheer spread at the uc berkeley campus with word that a scholarship is being set up for low income undocumented students. the university says the scholarship will help nearly 200 undocumented students from 20 different countries. >> what it tells our students is if you work hard and you get into uc berkeley now you have support. what w
CNBC
Dec 12, 2012 2:00pm EST
that fiscal cliff, if the folks in washington can't get their act together? >> well, i come from a part of south carolina which has been economically challenged for quite a long time and remains so. certain parts of south carolina have developed pretty strongly. but the part where i come from, mostly agricultural, mostly manufacturing, has a very high unemployment rate, high foreclosure rate and people are having a hard time there. i've visited there a few times since i became chairman. so part of the reason that we are engaging in these policies is to try and create a stronger economy, more jobs, so that folks across the country, the o where i grew up, you know, will have more opportunity to have a better life for themselves. that's extremely important, and i think it's very important that we not just look at the numbers. it's easy toe look at unemployment rate and say, well, it's 0.1%, 0.2%, one-tenth many, many people are represented there so it's very, very important to try to keep in mind the reality of unemployment, of foreclosure, of weak wage growth, et cetera, so we always
MSNBC
Dec 11, 2012 4:00pm PST
bigger question, will the war on the right help the country unite and avoid the fiscal cliff or will it give the right a chance to bring the house down. with me is ron reagan and dana milbank of the "washington post." before we talk about the gop split, we should republicans in the white house have exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it
FOX
Dec 11, 2012 10:00pm PST
fiscal cliff. the solar panel installation company solar city postponed it's plans to go public late today. the san mateo company had planned to offer its initial offerings tomorrow on the nasdaq. no reason was given for the postponement but it came after the owner bought $15 million woát of -- $15 million worth of shares possibly to try to boost values. >>> delta used to have three daily nighs now -- daily nights now it has nine. >>> more than 46,000 people signed the petition calling for the school system to scrap the logo. even lieutenant governor newsom agreed. as part of the board of regents i agree with petition, new logo is a disaster. sign the petition. >>> a bit of holiday cheer spread at the uc berkeley campus with word that a scholarship is being set up for low income undocumented students. the university says the scholarship will help nearly 200 undocumented students from 20 different countries. >> what it tells our students is if you work hard and you get into uc berkeley now you have support. what we've seen in the past when undocumented students were earning their way
CNN
Dec 12, 2012 2:00am PST
. >>> the phone lines are open. coming up, more fiscal cliff talks between the two most powerful men in washington right now. >>> plus, he was supposed to be parking an nfl star's car, but he made a bit of a detour. this is like ferris buehler's day off. amazing story. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. oral-b power brushes. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. i just finished a bowl of your new light chicken t pie soup and it's so rich and crea
CNN
Dec 12, 2012 9:00am PST
really negotiating anything? you have the fiscal cliff, and you have all kinds of gridlock in washington. what do you make of what you see? >> it is very strange. i mean, it could be that somebody should sit down and rewrite the way america runs things, because, you know, while america did this, china moves forward rapidly. other countries are more decisive move forward rapidly. so i think on the fiscal cliff it will get sorted. it would be nice if there could be a bit more decisive leadership. if you run a company, you don't have this -- this horrible problem where you can't make decisions. you can get on and say if i want to get into space, i'll go into space. let's get on and invest in it. if i want to go down to the bottom of the oceans, let's build a submarine that goes to the bottom of oceans. it's a lot easier than running a country. >> do you blame any particular side? is it all the same to you? >> look, i think i'm slightly biased one way more than the other, but i'm not going to push out 50% of the people watching your program right now. all right. i think that as far as things like
Comedy Central
Dec 11, 2012 11:30pm PST
deal negotiations have stalled. >> the fiscal cliff stalemate remains. >> the standoff continues. there isn't a lot of reason for hope. >> democrats and republicans are blaming each other for the stalled negotiations. >> who's going to blink sglirs what's going to blink first. >> the white house is daring republicans literally to blink. (laughter) >> stephen: obama is daring republicans literally to blink. well, the joke's on him! (laughter) because i know some republicans who had their eyelids surgically removed. (laughter) (cheers and applause) now obama won't budge off his calls for $1.6 trillion in new tax revenue over the coming decade, mostly from increasing tax rates and taxes on upper-bracket earners. folks, that's just punishing our nation's job creators. america's billionaires are the engine that drives our economy through smart investments! and occasionally through dumb ones. (laughter) today house speaker john boehner struck back with his plan to cut spending by demanding obama come up with boehner's plan to cut spending. (laughter) >> a lot of people know that the pr
ABC
Dec 11, 2012 4:00pm PST
washington, d.c., stepped up efforts to avoid the fiscal cliff. >> the speaker and minority leader took the fight over the cliff to the house floor today. abc 7 news mark matthews joins us now with more on this. >> there is an inside game and outside game. right now, they and their supporters are showing us only outside game. john boehner says the president is not serious about putting -- cutting spending. >> we're waiting for the white house to identify what cuts of president is willingóñ'÷ to make as part of the approach that he promised. pelosi challenging republicans to extend tax cuts for middle class. >> we've been calling upon the speaker to bring forth middle income tax cut now for a long time. in fact, since last summer. >> the white house pushed back pointing to the 250 page budget. >> it's the issue is where are your proposals i think we've answer that had question in full.)zqxÑ >> to which they responded that if the president gets what he wants he's putting the country a trillion in debt. >> it's something we cannot let him to do owe our count zpri our children. >>
FOX News
Dec 11, 2012 7:00pm PST
going in effect on january 1st. you know, we are talking in washington about the fiscal cliff and raising taxes on the wealthy. taxes on the wealthy are going to go up january 1st regardless what happens with the fiscal cliff. the medicare tax on higher earnersers is going up and a steep tax on investment income. >> going up 3.8% on top of it. so the rich people who have -- who are high earners, their income will probably go up. and then they also, if they have investment income, it goes up 3.8% so they are paying more that way, and they are paying more on a medicare tax. so the democrats say the rich aren't paying more. and these taxes are going up regardless what have happens with the fiscal cliff. these tacks are written in obamacare. and if taxes do i- deed go up on the top two brackets as a result of the fiscal cliff, that will be on top of the obamacare taxes. >> is there any way for us, the nation, to police the earnings or profits are insurance company under obamacare? there are all of these extra, they get the extra deals. now the insurance companies get the extra deals b
ABC
Dec 11, 2012 6:00pm PST
washington another day and another step closer to that fiscal cliff. at this point it's hard to tell if there is any progress in the negotiations. and judging by public statements made by the speaker, it does not look good. abc 7 news mark matthews is here with word on what we're not seeing. >> yes. we heard speaker boehner called the president this evening to make a counter offer to the president's latest offer, when abc 7 news at 4:00 we talked about inside game@ú4d versus the outside gam. the out side game is played for leverage. inside is where real negotiations are taking place. >> in okay gress the american people have be scratching their heads and wondering when is the president going to get serious? >> democratic leader took the floor. >> he said he's willing to make some changes but it's important that any changes not hurt the middle class. >> the post you'ring went on this morning with only a rare glimpse the house of rep stifz empty. except for the speakers. this is the outside game talk consummation. >> it's just about post you'ring to get public opinion on your side as a l
CSPAN
Dec 12, 2012 1:00pm EST
this in an acceptable way for the american people. >> as the debate continues over the fiscal cliff, i'm reminded once again, you know, i think it's porn that we remember, washington doesn't have a revenue problem. it has a spending problem. and you look at the record debt that's been accumulated over the last four year the projecks are pretty startling over the next 10 queers as to $1 trillion deficits as far as the eye can see. a nearly doubling of our debt. two years ago, i -- we had a baby girl born, and at that time, her share of the national debt was $45,000. and on the current track, by the time she gets in high school, her share of the national debt will be $100,000. $100,000 per child in this country -- country. america deserves better. our children deserve better. that's why we're not just after the quick fix. we're after a real fix. we want -- this is our moment to lay out that framework, address tax reforms, to address the spend regular forms that america needs. and we need the president to get serious, we need him to get to work with us, so that we can solve this, the sooner the better. the clock is ticking and we're running out of time. >> as a mom who survi
KRON
Dec 12, 2012 7:00am PST
part. also late news about the fiscal cliff. a new abc washington /washington post survey saying 49 percent approval obamas handling talks to avoid the so-called fiscal quick, while only 125% of for woodhouse speaker john boehner has handled the negotiations. >> they are still at a standstill. >> thank you james yad hoo e-mail services have gotten a makeover. the new read that in boxes are user friendly. it is the company's attempt to regain some of the ground lost to globoogle . ya hoo new see all mariss mzyer is trying to give people more reason to use the company's on-line service and stick around longer. she played a key role in g male when she worked at google. the world's top e-mail service. >> coming up we will have our financial asked bird robb black. we are talking about a company called the number one spot to avoid. we will tell you why t g i friday is excited about servicing the end of the world. coming up as the kron 4 news continues traffic in san jose. 101 north bounds traffic backed up that the interchange. we are watching today's winners and losers with robyn black.
MSNBC
Dec 12, 2012 8:00am PST
closer to a deal. 20 days, that's it from the brink and the fiscal cliff is coming quickly at us. it's doing definite damage to boehner's brand. a new "washington post"/abc poll showing voters overwhelmingly disapprove of boehner's handling of the fiscal talks. it's an even split on the president. who is still sticking to his guns, urging the gop to pass tax cuts for the middle class by christmas? >> taxes are going to go up one way or the other. i think the key is to make sure that taxes go up on high end individuals like you and me. we can afford it. it is entirely possible for us to come up with a deal but time is running short. >> right to work is wrong! >>> our other story developing in michigan today, where labor unions are considering a large scale counter offensive. the home of the uaw is now the first blue right to work state after a pair of bills were signed into law by governor rick snyder who appeared on msnbc's "morning joe" today. >> i believe this is pro-worker. because the way i view it is workers now have freedom to choose. this does not deal with organizing at all. this does not deal with collective bargaining at all. this has noth
CNBC
Dec 12, 2012 9:00am EST
people at the -- >> yeah. >> and can you define the fiscal cliff? i don't mean to question the methodology, it's interesting. >> just curious. >> i think that when i was in washington, i got the sense that there were just a lot of people there who actually thought romney was going to win. and there would be no fiscal cliff because romney would get together with congress, extend every single tax break and we would all live happily ever after and not worry about the deficit and not worry about the 2%. there was a kind of, well, they guessed it wrong. we started focusing on the fiscal cliff because there would not be a cliff if romney had been elected because there would have been no loggerhead. i don't know. >> interesting. mark andreson on squawk this morning saying, we'll go over the cliff. howard dean has said it for weeks. you've got the solidarity on those on the left, andreson a big-time romney supporter, saying the exact same thing, this is the best thing for the country. >> i like what dimon said in that interview. it could be really bad. >> we don't know, but why take the change. >> andreson's got the job. you should be more worried about going over the cliff a
CNN
Dec 12, 2012 6:00am PST
continues over the fiscal cliff, i'm reminded once again, you know, and i think it's important that we remember that washington doesn't have a revenue problem, it has a spending problem. and you look at the record debt that's been accumulated over the last four years, the projections are pretty startling over the next ten years as the trillion-dollar deficits as far as the eye can see, a nearly doubling of our debt. you know, two years ago, we had a baby girl born, and at that time, her share of the national debt was $45,000. and on the current track, by the time she gets in high school, her share of the national debt will be $100,000. $100,000 per child in this country. america deserves better. our children deserve better. and that's why we're not just after the quick fix. we're after a real fix. we want -- this is our moment to lay out that framework, to address tax reforms, to address the spending reforms that america -- >> and that is kathy mcmorris rogers, another republican ranking member. house speaker john boehner spoke first and it was very important. here's what he said. the president's plan does not fulfill
FOX News
Dec 12, 2012 12:00pm PST
differences and avoid the fiscal cliff. they could be, working all this out behind-the-scenes and will tell us later. they could be. maybe the threat of working through the holidays will get them on the move? that is coming up. and a possibly breakthrough in the high profile murder case that cops call a "hit" job. police now have the get away car. but what about the driver? nounc] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to
CNN
Dec 12, 2012 1:00pm PST
states, bill richardson. so that interview coming up later. >>> as fiscal cliff talks here in washington are showing little movement towards a deal, there's now a new report that president obama may be willing to put raising the eligibility age for medicare on the table. is that true? we will discuss more this more in our strategy. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. humans -- sometimes life trips us up. and sometimes, w
FOX
Dec 12, 2012 7:00am PST
said he and president obama remain very far apart in the fiscal cliff negotiations. political reporter jamie dupree joins us via skype from washington, d.c. you said there's two words we are not likely to hear and we haven't heard in any of this fiscal cliff debate. >> reporter: yeah, balanced budget. in all of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a budget. i think -- balanced budget. i think this speaks to how bad the situation is in the federal government when both parties don'tage knowledge that. as for -- don't acknowledge that. as for what's going on, just downstairs from me, speaker boehner started throwing cold water on any report that the talks were moving ahead. yes, there have been an exchange of offers. he said the last couple of days, but he said his phone call last night was a frank discussion about just how far apart they are. with 19 days left until the deadline or nine days until the end of the world, if you are look at the mine cardinal, nobody knows which way -- calendar, nobody knows which way we are headed. >> isn't this part of the we'
FOX Business
Dec 12, 2012 3:00pm EST
the fiscal cliff and what you make of their recent complacency? is there a wall street washington disconnect? >> interesting question. i certainly hope markets will have to tank. i certainly -- we want to have confidence not just in markets but businesses and households as well and the best way, for fiscal policymakers can achieve that is by coming to a solution as quickly as possible. markets have already responded to some extent the band down. you see from day to day how they respond to news about negotiations. on the other hand it is also true, if you look at the experience, very informative experience of the debt limit debate in august of 2011, both confidence and markets remain pretty sanguine, of to pretty close to the point that it looked like there was a chance the debt limit would not be raised. and then, of course, there was a shark shark particularly to confidence about the time of the final debates. it is not unusual to see markets being complacent. of course, there is market point of view, risks in both directions, hings go badly but perhaps if things go well, that would be good
FOX News
Dec 12, 2012 2:00am PST
. >>> washington still not seeing eye to eye ton a deal to avoid the fiscal cliff. they believe president obama will take the hikes. >> i am confident republicans would not old middle class taxes hostage to true to protect individuals. >>> the administration looking to raise taxes on those more well off than others. while they want mow am al-jazeera and this one as they try to tfly to africa to join a terrorist group. they plan to vote wage violent jihad there. he is the former roommate of the leader of the ter rits group in some mill yaw who was recently added to the fbi most wanted terrorist list. president obama making a big announcement. the united states will recognize syrian rebels as representties of that country. >> we have made a decision the syrian opposition coalition is representative enough of the syrian population but consider them representatives of assyrian people in opposition to the regime. >> the u.s. providing weapons to the rebels there. 40,000 people in the country have been killed. >> albert king rushed donna summer public enemy hart and randy new man all next year answer
MSNBC
Dec 12, 2012 3:00am PST
my twitter feed here, "washington post"/abc poll of handling of fiscal cliff negotiations, obama, 47% approve, 46% disapprove. boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks about the republican problem with branding. and talks about -- >> it's a great piece. >> have you seen this? >> yeah. >> the republican party has a branding problem. these are researchers that say -- we asked 22, 23 different topics, whether americans related more to the democratic party or the republican party. 22 of the 23, they appeal more to democrats. >> yeah. >> it is a generalized, massive branding problem over what's happened nationally over the past year. >> except in the south. >> the piece, in part, points out that unlike people who sit around here, most people, normal people out there in america react emotionally to politics when they hear phrases, they react emotionally. does this represent hope? fear? they go with hope. >> there's also some substance to it. that the republican party in washington is taking positions that the democrat
FOX News
Dec 12, 2012 3:00pm PST
if necessary to avoid the impending fiscal cliff. the democrats continue to portray the g.o.p. as the grinch. who wants to steal not christmas but a middle class tax cut. tonight, charges and countercharges from chief white house correspondent ed henry. >> officials now say speaker john boehner's phone call to president obama was tense, hopes of a possible deal seem to be fading fast. >> i remain the most optimistic person in this town, but we've got some serious differences. >> the biggest difference is over taxes. republicans complain in an interview with abc news the president made it harder for boehner to sell compromise to republicans by saying the only way to go forward is for the speaker to cave. >> i'm confident republicans would not hold middle class taxes hostage to try to protect the tax cuts for high-income individuals. >> white house officials today incested the president was merely reiterating a long-held position and said the hold up is the republicans failing to get specific about taxes. >> closing loopholeles they will not name, capping deductions that they will n
FOX News
Dec 12, 2012 6:00am PST
prepared to spend christmas in washington. more on the new developments on the fiscal cliff. plus north korea successfully launches a rocket, cheers erupt in yeongpyeong, another escalation in the korean nuclear crisis. two of our guests joining us say this is a very big deal. hearings underway on human growth hormone and the nfl, what will the league decide in we'll go in depth today. bill: see you then at the top of the hour. have a look at this. will you? 33 of these found by border patrol miles from mexico. martha: it's a great store row. bill: you know what they are? martha: i do, but people should stick around to find out, pretty interesting. we'll be right back. table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! could've had a v8. you can't argue with nutrition you can see. great grains. great grains cereal starts whole and stays whole. see the seam? more pcessed flakes look nothing like natural grains. i'm eating what i kn is
CBS
Dec 12, 2012 7:00am PST
the fiscal cliff. >> and what's going on in those negotiations that we don't know. >> exactly. so we going to talk to the man who may know right? >> the man who's wired in washington. >> exactly. bob woodward knows the white house and he's covering washington for years. he'll be on later this morning. >> announcer: this portion of "cbs this morning" sponsored by international delight coffee creamers. what's your i.d.? who thinks two is better than one? so all of you do. yes, for sure. now what's better? being able to shoot two lasers out of both of your eyes at the same time or just one laser out of one eye? [ all kids ] two! [ moderator ] okay, why? if it's just one beam -- okay, it does a little bit of damage. two beams -- it will make something explode! and that's more fun? yeah! and it's more powerful you're saying? yeah! [ male announcer ] it's not complicated. doing two things at once is better. and only at&t's network lets you talk and surf on your iphone 5. ♪ ♪ online outfit piccolo headphones buy now broadway show megapixels place to sleep little roadster war and peace deep sea diving ninja app hipster glasses 5% cash back sign up to get 5% everywhere online thro
CNN
Dec 12, 2012 8:00am PST
washington continues its political game of chess on the financial fiscal cliff, the people outside the beltway are watching and waiting and they are really worried about how the fallout could affect their lives, their personal economies, as our christine rawlins likes to call them. christine actually had a chance to speak to folks about the microlevel of what it means to us despite all the haggling on the hill. what did you find out? >> i found out people are really nervous about where this is going because it affects them right now. i talked to a woman with a b.a. in accounting, she has six kids, the youngest is 11. she's been out of work since april, and she's terrified that on february 29 she's going to lose her extended unemployment benefits. you've been looking for a job for more than six months now. are you optimistic or pessimistic that things will turn around? >> i think things will turn around. it's going to take time, but i believe it's going to happen. >> and you need the government to help now so that can happen? >> yes, i do. i still have bills to pay, and i need help. i n
CNBC
Dec 12, 2012 6:00pm EST
compromise that's going to allow us to avoid the fiscal cliff? and if that's true, we think that's not only good for the u.s. economy, we also think that's positive for the global economy. >> have you weighed in in washington? did the leaders know your view on things? >> yeah, i think you saw at the business round table that i participated in that group there was a lot of coverage of it the last day or two. the position we've taken in borrowing your by line, this is a time for legislation, not for vacation. and it is critical that we get this compromise done. it's not about declaring winners and losers, it's about finding a solution for the united states which is good for employees and is good for retirees. it's good for investment and takes care of the unemployed. that can be done. we've done this before. we believe that we need to all bring our pressure and our support to our elected officials to get that deal done before year end. >> do you think that there's any real commitment to cutting spending by the president? >> i believe that all the parties involved in this transaction, and as you pointed it's a multiparty transaction. want to find a solution. and i'm personally optimistic that can be done. because
CSPAN
Dec 11, 2012 8:00pm EST
about the fiscal cliff talks by going to c-span.org and clicking on the link. we will year from representative john larson on the fiscal cliff negotiations. after that, we will hear from stephen ohlemacher. you can see "washington journal" everyday life at 7 p.m. -- 7 a.m. eastern here on c-span. coming up next on c-span, the in going an upcoming german discusses what they want to see and a and budget deal. then david walker and rudy penner discuss the fiscal cliff negotiations. later, a discussion on the potential impacts of the negotiations and state budgets. >> the white house was very controversial, as most americans were. they designed washington city. there was competition. he designed a design for a palace. it was not particularly awe- inspiring. in fact, a european diplomat told congress it was neither large or awe-inspiring. but the answer the congressman gave was the building serves its purpose. it is larger and more elegant. photo mer new york times bodh critic on the white house. watch it on sunday on c-span three on "american history tv per." >> congressman steve scalise and jim jordan. >> thank you for coming. to delighted to welcome you a presentation by the outgoing and incoming chairman of the republic
MSNBC
Dec 12, 2012 10:00am PST
good day, i'm andrea mitchell live in washington. and we are 20 days away from that so-called fiscal cliff. in our new nbc news/wall street journal poll just out for us today, most americans say they want compromise. joining me here for our daily fix, chris, msnbc contributor and managing editor of postpolitics.com. the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah, and i don't think we should be terribly surprised by that, andrea. the truth of the matter is over the last decade or so what we've seen is congress, really, because of redistricting and other things like that, members of congress don't tend to have to represent the middle of the country. they wind up representing their two-party bases, the people that deeply disagree. democratic base does not want entitlement cuts, republican base does not want to raise taxes. but people in general like the idea congress can get something done on something big. now, i
MSNBC
Dec 12, 2012 12:00pm PST
be ready to include these in a fiscal cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing nothing before the december 31st meeting were worse for them than democrats. they looked into 2013 and maybe found som
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